Samsung to cut chip production after profits plunge 96%

Strongly reminds me of the Beer Game: https://readingraphics.com/understanding-systems-thinking-th...

Which is a game from MIT about how placing orders in a large system has unintended consequences.

Guess that plan to "organically" reduce production[0] and try to gain market share didn't work out so well.

[0]: https://finance.yahoo.com/news/samsung-electronics-q4-profit...

>>"Samsung faces a double whammy of DRAM and NAND [memory chips] losing money and needing to update the process technology their [factories] use due to falling behind over the last couple of years,"

That seems like the money quote. The problem isn't the market, it is that Samsung technology is lagging, and they'll be cutting production while they update their fabs for next gen. Am I missing something?

They must be trying to get back to their customary artificial shortages and price fixing.

No mention of chip sanctions?

Hoping that any impact to regular employees isn't too rough :-/